Earlier this year, Obama treated Hu to a state dinner, with all the
pomp including a review of the troops. (Hu came to the USA with a
plane load full of businessmen and investors who toured Taxes and the
West coast looking for investment opportunities) China repaid his
hospitality with 6 billions in direct investments in the USA and so
far have created 780,000 jobs.
While US investors look for high return in investment in China and
India…the Chinese investors and businessmen look for investments in
areas of growth in the USA…filling the vacuum left by American
corporations at home.
Chinese enterprises already paid nearly 12 billion U.S. dollars in US
taxes…an indication that they are doing very well.
If the USA could relax rules barring China investments in non-
sensitive high-tech industries, I am sure millions more of jobs will
be created by investment from China.
http://english.people.com.cn/90780/7595986.html
